Impulse growth can start | 07 Juli 2016

07 Juli 2016, USD/JPY

A corrective decline in the form of double zigzag seems to be completely finished. At the same time, the final wave has taken the shape of the final diagonal triangle, which enhances the bullish signal. However, for a more secure entry, we should wait for the directional upward price movement, better a new local High. So far, this has not happened and we stay out of the market and wait patiently.

Impulse growth can start


The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
Vasiliy Lukin
Analis perusahaan "FreshForex"
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